BankIowa · 3 months ago
Business Banking Officer
3222 Kimball Ave a, Waterloo, IA, USA
Full-time
Hybrid
Mid, Senior Level
5+ years expBankIowa is a financial institution looking for a Commercial Banker I to manage and expand a commercial business portfolio. The role involves performing sales duties, managing loan applications, and ensuring compliance with banking regulations while building relationships with clients to promote BankIowa's products and services.
E-CommerceFinancial Services
Responsibilities
Perform sales duties. Sales calls include calls to individuals and companies with no relationship to BankIowa, calls to solicit new business from individuals and companies with or without loan or depository relationships, responding to in-person and/or phone customer/commercial inquiries, and calling on existing customers to maintain positive contact and provide information about products and services. Ensure the fullest integration of BankIowa products and services with existing customer relationships to meet the needs of the Bank's clients. Make joint calls with individuals from other departments. Emphasis will be business development of business loans, business DDA's and ACH services, Remote Deposit Capture, On-Line Banking, and Positive Pay products. Additional business development will include referrals resulting in new Retail & residential Real Estate accounts, Trust and Investment accounts, and new or expanded Insurance accounts. Track sales efforts and report results monthly
Manage, maintain, develop, and grow a business banking portfolio of less than $10MM. Interview loan applicants, collect and analyze financial data to determine creditworthiness. Establish and negotiate terms under which credit can be extended. Make, approve, and close loans up to lending limit. Solicit higher authority when necessary. Perform and monitor all necessary documentation including completion of portfolio management reports and duties. Produce fee income for various loan services and increase net interest margin on loan portfolio. Participate with and make presentations to Loan Committee. Advise clients on business management and financial matters
Service and manage a business banking portfolio. Monitor portfolio credit quality and proactively identify and report potential high-risk problem situations. Make recommendations and offer solutions to reduce bank risk resulting in lesser past dues, classified loans, charge offs, and bank losses. Handle collections of delinquent loans including correspondence, follow up, phone calls and/or attorney work and foreclosure
Comprehend and comply with all pertinent Bank Secrecy Act/OFAC/CIP policies and procedures. Complete annual training. Report findings from Watch List meetings to the Board
Complete annual compliance training as required by laws, regulations, and bank policy
Stay abreast of regulations and legislations as well as other political and policy-making events that directly affect the financial institution
Actively participate in local business and community activities and maintain close contact with customers and prospects
Qualification
Required
Bachelor's degree in Finance, Accounting, or a related field preferred
Five years banking or related experience preferred
Extensive knowledge of banking policies and procedures
Good managerial, communication, and public relations skills
Benefits
Full Benefit package
KSOP
Company
BankIowa
BankIowa offers a wide variety of financial products and services to assist the needs of it's customers.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Alison Urbina
President, CEO
Brenda Lou Werner Willson
Chief People Officer
Recent News
Corridor Business Journal
2026-01-23
Corridor Business Journal
2023-12-10
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